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20120926
20121004
Search Results 0 to 38 of about 39 (some duplicates have been removed)
are really pretty slack, and for government to withdraw support from the economy as the tories have done since 2010 has really been a recipe for a double dip recession and sure enough we have got one. >> you actually have got an interesting case study, america is a much bigger economy than the uk but our two countries were dealing with the financial crisis more or less in the same way. >> yes. >> a new government came in, not just austerity but masochism that is being -- >> by each other --. there is masochism in the uk with respect to the economic, a collector austerity around europe which is related, a separate point. >> the uk laboratory has been used to test the thesis that by contracting government spending you presto expand private enterprise. it hasn't worked and that way we ended up with a simple national -- >> why is that? >> because the private sector is not spending, sitting on 750 billion pounds of cash and not investing, consumers have their wits frightened out of them, export markets are slack, prto, if all of the indicators are point manager the wrong direction you have n
for life, and until last july he was italy's minister of economy and finance. but he is not exactly a politician. as a respect economist considered be abo party politics he was chosen to form a new technocratic government. it put him at the center of the european debt crisis confronting rising interest rates that led to greece, ireland, and portugal to seek bailouts. his ability to turn calamity into opportunity has revived his nickname "super mario." i have pleased to have him here at this table for the first time. welcome. >> delighted to be here. >> rose: i see that you have said that you're not going to run for pri minister? >> no, i can confirm that i will not be a candidate. i believe i couldn't even be a candidate because, as you mentioned, i am senator for life. so candidates are candidates inn order to become members of parliament. >> rose: and you're senator for life. >> yes. >> rose: do you want to stay as prime minister? >> of course i will not. i will-- the whole government will have to resign when the elections take place, probably next-- after that, it will be for th
globalizations as an opportunity. they want an open society, an open economy, a society where you tolerate and respect people, a different faiths and cultures and then the closed minded who really have a view that if you don't accept my view then are you an alien or an enemy. i think that is the battle that is going on and in the end, i think it's important always, and i always say this to people in america to realize-- realize that for all the pictures of extremist that you see in people burning the american flag and protesting and so on, you also then have a lot of people who wanted same type of society and free society that we want. >> rose: has the is palestinian-israeli situation gotten off the front burner for too long and you can bring it back? >> well, it's a good question. not for the people out in the region, by the way. >> rose: it has not gotten off the front burner. >> no, i still believe that it's central to the future of the region. look, i have just come back from my last-- it was my 88th visit there. my wife said to me it is not actually the number of visits you made, it's
the mid-'90s, it was a disaster in the economy of russia. >> rose: you were a financial expert. >> and you know like it was the station where, like different companies in the cities they were on the verge of dying. >> rose: right. >> and we were young, ambitious, risky and we were not afraid of nothing. so we bought a very bad enterprise. >> rose: you made a big bet? >> yes, because at the time we did our best in order to find partners abroad. nobody came because it was too risky. we spent a lot of money, we spent a lot of hours, two and three hours a day, now we can show that this, for example, entity are one of the most profitable entities in the field production of nickel and platinum and palladium. but it was risky at the time because we have debt, more than one year to know the company. can't imagine this. and in the far north people they have no opportunity to receive salary for more than a half year. it was like really a disaster. it was a great disaster. and really we're very proud. >> rose: with so much at stake it all together was not necessarily safe, either. >> it wasn't safe a
Search Results 0 to 38 of about 39 (some duplicates have been removed)

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